As of now, 6% of S&P 500 companies have reported earnings. According to FactSet's latest weekly Earnings Insight report, 76% of them reported positive earnings surprises.
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The 10-year Treasury yield hits a new, recent high … why Luke is paying more attention to earnings than valuations … the consumer remains strong … are we done with rate hikes?
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As the second-quarter earnings season begins, analysts and investors are worried that an earnings recession may be imminent. However, many feel its already arrived and could test the economic resolve.
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